Dec 29, 2012 10:00pm PST
unemployment benefits. with the deficit ticking higher, patience is wearing thin. >> for those of us that invest in the stock market, it's disgusting to watch them jockey around with our money. we're affected every day. >> reporter: missing in all the last-minute negotiations is talk of the $1.2 million in mandatory spending cuts scheduled to go into effect tuesday. >>> if the government does go over the cliff, the impact on the aviation industry could be disastrous, and it could have a domino effect on the economy. the transportation security administration could lose about 7% of its budget, and more than 7,000 security officers. passengers could face longer waits at security. the faa could see its budget cut, and that means fewer planes, passengers, and cargo. >> everybody's pocketbook and livelihood is tied to the aviation system. the impact of it not being able to provide the service they do today would be devastating. >> if washington can't reach a compromise, are the economic recovery could stall. >>> a new york woman has been charged with murder as a hate crime for allegedly p
Dec 30, 2012 8:30am PST
expiring unemployment benefits. with the deficit ticking ever higher, patience is wearing thin. >> for those of us who invest in the stock market, it's disgusting to watch them jockey around with our money. >> reporter: missing in all the last-minute negotiations is talk of the $1.2 trillion of mandatory spending cuts scheduled to go into affect today. tara mergener for cbs news, washington. >>> former president george h.w. bush is 88 years old and sent to the hospital last month in houston. he was moved into intensive care december 23rd after developing a fever. doctors say he was -- his condition is improving and he was moved to a regular room yesterday and is in good spirits. >>> looks like plastic shopping bags might be a relic of the past. >> just ahead, the final two days for the bags in an entire bay area county. >> and a look back at some of the year's big stories in the u.s. of a. we'll be right back. ,,,, . >> there is the golden gate bridge, sunny and chilly. a few clouds around. aside from that, a nice day. ,,,,,,,, ban" bandwagon... as the new year begins tuesday.